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Fortune Minerals Ltd T.FT

Alternate Symbol(s):  FTMDF

Fortune Minerals Limited is a mining company. It is engaged in the exploration and development of mineral properties in Canada. It is focused on developing the NICO Cobalt-Gold-Bismuth-Copper Project in the Northwest Territories and Alberta that produces a bulk concentrate for shipment to a refinery that it plans to construct in southern Canada. It also owns the satellite Sue-Dianne copper-silver-gold deposit located 25 kilometers (km) north of the NICO Deposit and is a potential future source of incremental mill feed to extend the life of the NICO mill and concentrator. It also maintains the right to repurchase the Arctos anthracite coal deposits in northwest British Columbia. It also has a 100% interest in these 116 hectares of property south of Great Slave Lake with copper, silver, gold, lead and zinc showings. It has a 1% net smelter royalty covering 78 hectares of land positioned in a former silver mining district, located south of the Eldorado mining district at Great Bear Lake.


TSX:FT - Post by User

Post by Allmanon Feb 02, 2023 12:45am
361 Views
Post# 35261385

IEA Applauds Canada’s Approach to Energy Security

IEA Applauds Canada’s Approach to Energy Security

There's a subtle message in the IEA quote from yesterdays meeting between Canada's Minister Wilkinson and IEA's Dr Birol. Hopefully it's heeded and the resource tables get wrapped up this quarter so that action plans can be implemented this year. However,the issue I see with the Resource Table guidance is that it appears to be a plan for a plan for a plan over at least a two year period - and this is what the IEA must be alluding too. Not so sure we'll be able to depend on timely Canadian government funding at this rate - it's more likely that US DPA, some other country or some corporate entity funding comes along first. 


“Amid the turmoil of the global energy crisis, Canada continues to be a bright spot in advancing the clean energy transition while supporting international energy security and paying close attention to the social and economic implications of change. But the energy world is moving fast, and for Canada to retain its leadership position it has to make sure that its own plans and actions stay ahead of the game.

https://www.canada.ca/en/natural-resources-canada/news/2023/02/dr-fatih-birol-executive-director-of-the-international-energy-agency-applauds-canadas-approach-to-energy-security-and-the-energy-transition.html

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